South Dakota Code § 4-5-60

Construction with other state law
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The State Investment Council is exempt from any statutory or common law obligations that conflict with actions taken in compliance with §§
4-5-48
to
4-5-59
, inclusive, including all good faith determinations regarding companies as required by §§
4-5-48
to
4-5-59
, inclusive, including any obligations regarding the choice of asset managers, investment funds, or investments for the State Investment Council's securities portfolios.

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